Question
1.You are currently 18 years old. After 2 years you get $10,000 and you deposit it in an account that pays 8% interest until it
1.You are currently 18 years old. After 2 years you get $10,000 and you deposit it in an account that pays 8% interest until it becomes $50,000. How old will you be by that time?
2.What is your average tax rate if you have a wage of 290,000 Albanian Lek?
| Taxable Income (Leke) | Tax Rate |
| 0-20,000 | 0% |
| 20,001-140,000 | 11% |
| Above 140,000 | 23% |
3.If Quick Ratio is 0.4 and Current Ratio is 1.6; then the value of inventory is? The ending balance of current liabilities as disclosed in the balance sheet for XMC ltd. is 250.000 USD.
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Financial and Management Accounting
Authors: Pauline Weetman
7th edition
1292086599, 978-1292086590
